"A jury panel consisting of leading academicians and industry experts evaluated organisations on sustainability and competitiveness of their business model," the company said in a statement here.

Due to its exemplary strategic expertise, Welspun Renewables has been able to positively contribute towards the overall adoption of renewable energy not just nationally but across the globe.

On the occasion Vineet Mittal, Vice Chairman Welspun Renewables commented, "In our quest to create a sustainable impact on India's energy landscape we have been focusing on excellence.

"Within last few years, the company has built some of the largest solar projects across challenging geographic locations. All our projects have common elements - they are built within committed timelines and are performing optimally."

Expanding across eight states in the country, Welspun have tried to help states transition to green energy faster and sustainably, he said.

"To be adjudged for all these efforts by the Porter Prize's grand jury and awarded for our strategy is an honor. This is a memorable moment for all of us at Welspun Renewables. All this has been possible because of Welspun Renewables' unique 'Dare to Commit' spirit," he said.

“To save the environment and to fight climate change, my government has planned a major campaign. By 2022, we want to generate 175 GW of renewable energy. In the last three years, we have already achieved 60 GW or around one-third of this target,” he said.